48-49 NORTH STREET TAUNTON COMMERCIAL LIMITED

💤Zombieactive
14046315 · ltd · incorporated 2022-04-13
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£6.5k
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 3.0y

0/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 3.0 years old — likely still in initial term.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £6,481

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£6k
↑ 457% YoY
Current Assets
£6k
↑ 1.8% YoY
Current Liabilities
-£2k-£154£2k£3k£5k£6kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£431.5k£423.2k
Current assets£6.0k£5.9k
Debtors£6.0k£5.9k
Net assets£6.5k£-1.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-05-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-05-19
    🔒
    Charge registered #5
    Lender: Lloyds Bank PLC
  5. 2024-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-12-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-12-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-12-16
    🔒
    Charge registered #4
    Lender: Lloyds Bank PLC
  9. 2024-12-16
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  10. 2024-09-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2024-05-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-04-30
    BULL, Quintin Gervase Dalglish resigned
    director
  13. 2024-03-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2024-03-05
    🔒
    Charge registered #2
    Lender: Richard Churchill
  15. 2023-12-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2023-12-17
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  17. 2023-06-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2023-06-13
    🔒
    Charge registered #1
    Lender: Thomas Jake Kingsbury
  19. 2023-02-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2022-04-13
    🏢
    Company incorporated
    As 48-49 NORTH STREET TAUNTON COMMERCIAL LIMITED
  21. 2022-04-13
    CHURCHILL, Richard William Roger appointed
    director
  22. 2022-04-13
    BULL, Quintin Gervase Dalglish appointed
    director
  23. 2022-04-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

48-49 North Street Taunton Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
48-49 North Street Taunton Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
48-49 NORTH STREET TAUNTON COMMERCIAL LIMITED
This company · 14046315

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
48-49 North Street Taunton Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/04/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2022-04-13
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

3 Coldbath Square
London
EC1R 5HL
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-10
Last: 2026-03-27

Officers (1 active · 1 resigned)

CHURCHILL, Richard William Roger
director · ~48y · appointed 2022-04-13
View their other companies + combined net worth →
Active
BULL, Quintin Gervase Dalglish
director · ~52y · appointed 2022-04-13 · resigned 2024-04-30
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

5
Total charges
5
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property19/05/2025
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property16/12/2024
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge16/12/2024
outstanding
Richard Churchill
A registered charge1 property05/03/2024
outstanding
Thomas Jake Kingsbury / Lucy Victoria Kingsbury
A registered charge1 property13/06/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-21
change-person-director-company-with-change-date
officers · CH01
2025-05-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-09-20
termination-director-company-with-name-termination-date
officers · TM01
2024-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-22
accounts-with-accounts-type-dormant
accounts · AA
2023-12-17
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-12-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-14